Vela Short Duration Fund - Class A
VASDX
NASDAQ
| Weiss Ratings | VASDX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Unrated | |||
| Reward Grade | U | |||
| Risk Index | Unrated | |||
| Risk Grade | U | |||
| Company Info | VASDX-NASDAQ | Click to Compare |
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| Provider | VELA Funds | |||
| Manager/Tenure (Years) | Nick Rinker (2), Matt Susi (1) | |||
| Website | -- | |||
| Fund Information | VASDX-NASDAQ | Click to Compare |
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| Fund Name | Vela Short Duration Fund - Class A | |||
| Category | Short-Term Bond | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Growth and Income | |||
| Inception Date | Dec 15, 2023 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | 0.05 | |||
| Back End Fee | -- | |||
| Dividends and Shares | VASDX-NASDAQ | Click to Compare |
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| Dividend Yield | 4.10% | |||
| Dividend | VASDX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | VASDX-NASDAQ | Click to Compare |
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| Cash | 6.63% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 90.18% | |||
| U.S. Bond | 85.15% | |||
| Non-U.S. Bond | 5.03% | |||
| Preferred | 3.20% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | VASDX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.40% | |||
| 30-Day Total Return | -0.23% | |||
| 60-Day Total Return | 0.00% | |||
| 90-Day Total Return | 0.29% | |||
| Year to Date Total Return | 0.33% | |||
| 1-Year Total Return | 4.14% | |||
| 2-Year Total Return | 9.75% | |||
| 3-Year Total Return | -- | |||
| 5-Year Total Return | -- | |||
| Price | VASDX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | VASDX-NASDAQ | Click to Compare |
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| Nav | $10.05 | |||
| 1-Month Low NAV | $10.02 | |||
| 1-Month High NAV | $10.11 | |||
| 52-Week Low NAV | $9.97 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.14 | |||
| 52-Week High Price (Date) | Sep 16, 2025 | |||
| Beta / Standard Deviation | VASDX-NASDAQ | Click to Compare |
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| Beta | -- | |||
| Standard Deviation | -- | |||
| Balance Sheet | VASDX-NASDAQ | Click to Compare |
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| Total Assets | 43.91M | |||
| Operating Ratios | VASDX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.89% | |||
| Turnover Ratio | 45.00% | |||
| Performance | VASDX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 3.67% | |||
| Last Bear Market Total Return | -- | |||